Dividend Growth of ConAgra Foods Inc.(CAG)

ConAgra Brands(CAG) is having a Dividend Yield of 2% with the Annual cash Dividend per share of $1. The last quarter cash dividend per share pay out was $0.25. ConAgra Brands has a 5 year average dividend yield of 2.91% and the stock has a Indicated annual dividend of $0.8. ConAgra Brands(CAG) formally announced its most recent dividend on December 9, 2016 with a Dividend per share of $0.2. The new indicated annual dividend based on announced dividend per share is $0.8. The dividend yield based on the forward looking indicated annual dividend is 2%. ConAgra Brands(CAG) has the most recent dividend payout ratio of 0.43 with a 5-year average payout ratio of 0.47. The 5 year historical dividend growth of ConAgra Brands(CAG) is at the rate of 0.63% while the R-Squared dividend growth is 0.38. If the value of R-Square is close to one, it indicates a perfect fit and the higher value conforms to the regression line while data close to zero indicates the opposite.

ConAgra Brands, Inc. (NYSE:CAG) witnessed a decline in the market cap on Thursday as its shares dropped 0.03% or 0.01 points. After the session commenced at $39.96, the stock reached the higher end at $40.29 while it hit a low of $39.74. With the volume soaring to 2,717,443 shares, the last trade was called at $39.93. The company has a 52-week high of $40.29. The company has a market cap of $17,378 million and there are 435,212,410 shares in outstanding. The 52-week low of the share price is $32.028635. Shares of Conagra Brands, Inc. rose by 0.5% in the last five trading days and 3.65% for the last 4 weeks. Conagra Brands, Inc. is up 12.05% in the last 3-month period. Year-to-Date the stock performance stands at 1.48%.

Currently the company Insiders own 0.58% of ConAgra Brands, Inc. shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -6.1% . Institutional Investors own 76.28% of ConAgra Brands, Inc. shares. During last six month period, the net percent change held by insiders has seen a change of -6.1%. Company has reported several Insider transactions to the SEC, on Jan 9, 2017, Joie A Gregor (director) sold 3,300 shares at 39.01 per share price.On Jul 19, 2016, Robert G Wise (SVP, Corporate Controller) sold 15,708 shares at 47.90 per share price.On Jul 8, 2016, Rajive Johri (director) sold 15,000 shares at 47.53 per share price.

Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.ConAgra Foods Inc was Initiated by Deutsche Bank on Feb 15, 2017 to Buy, Price Target of the shares are set at $46.ConAgra Foods Inc was Upgraded by Citigroup to Buy on Jan 11, 2017. Company shares were Reiterated by Credit Suisse on Dec 23, 2016 to Neutral, Raises Price Target to $ 40 from a previous price target of $35 .

ConAgra Foods Inc Last issued its quarterly earnings results on Dec 22, 2016. The company reported $0.49 EPS for the quarter, beating the analyst consensus estimate by $ 0.04. Analyst had a consensus of $0.45. The company had revenue of $2088.00 million for the quarter, compared to analysts expectations of $2113.10 million. The companys revenue was down -32.5 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.58 EPS.

Conagra Brands, Inc. manufactures and markets packaged foods for retail consumers, restaurants and institutions. Its operating segment consists of Consumer Foods and Commercial Foods. The Company offers meals, entrees, condiments, sides, snacks, specialty potatoes, milled grain ingredients, dehydrated vegetables and seasonings, and blends and flavors. Its brands include Marie Callenders, Healthy Choice, Slim Jim, Hebrew National, Orville Redenbachers, Peter Pan, Reddi-wip, PAM, Snack Pack, Banquet, Chef Boyardee, Egg Beaters, Rosarita, Fleischmanns and Hunts. Conagra Brands Inc., formerly known as ConAgra Foods Inc., is headquartered in Chicago, Illinois.

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